2.
2.
2.
2.
2.
2.
L
BI
7.
7.
7.
a)
b)
7.
7.
7.
1
2
3
4
5
6
SO
DETAILED INVITATION FOR BIDS
The average annual turnover of the Bidder, in the preceding three (3) financial years as on the
date of Techno-commercial bid opening, should not be less ` 1569 Million (Indian Rupees one
thousand five hundred sixty nine million only) or in equivalent foreign currency.
The Net Worth of the Bidder as on the last day of the preceding financial year should not be
less than 25% of its paid-up share capital.
In case the Bidder is not able to furnish its audited financial statements on standalone entity
basis, the unaudited unconsolidated financial statements of the Bidder can be considered
acceptable provided the Bidder furnishes the following further documents for substantiation of
its qualification.
Copies of the unaudited unconsolidated financial statements of the Bidder along with copies of
the audited consolidated financial statements of the Holding Company.
A Certificate from the CEO/CFO of the Holding Company, as per the format enclosed in the
bidding documents, stating that the unaudited unconsolidated financial statements form part of
the consolidated financial statement of the Holding Company.
In case where audited results for the last preceding financial year are not available, certification
of financial statements from a practicing Chartered Accountant shall also be considered
acceptable.
In case a Bidder does not satisfy the financial criteria, stipulated at Clause 7.2.1 and/ or Clause
7.2.2 above on its own, its Holding Company would be required to meet the stipulated turnover
requirements at Clause 7.2.1 above, provided that the net worth of such Holding Company as
on the last day of the preceding financial year is atleast equal to or more than the paid-up share
capital of the Holding Company. In such an event, the Bidder would be required to furnish along
with its Techno-Commercial bid, a Letter of Undertaking from its Holding Company, supported
by Holding Company’s Board Resolution, as per the format enclosed in the bidding documents,
pledging unconditional and irrevocable financial support for the execution of the Contract by the
Bidder in case of award.
The unutilized line of credit for fund based and non-fund based limits with cash and bank
balances including fixed deposits of the Bidder as on a date not earlier than 15 days prior to the
date of Techno-Commercial bid opening, duly certified by its Bankers shall not be less than
` 693 Million (Indian Rupees six hundred ninety three million only) or in equivalent
foreign currency. In case certificates from more than one bank are submitted, the certified
unutilized limits should be of the same date from all such banks.
Where another Company of the group acting as the Treasury Centre is responsible for
Treasury Management of the Bidder having combined credit/guarantee limit for the whole
group, the Bidder would be required to provide a Banker’s certificate regarding the unutilized
line of credit for fund based and non-fund based limits together with cash and bank balances
including fixed deposits available to such Treasury Centre. Further, Treasury Centre should
certify that out of the aforesaid limits certified by the bankers, the Bidder shall have access to
the line of credit of a level not less than the specified amount at Clause 7.2.5 above. In proof of
this, the Bidder would be required to furnish along with its Techno-Commercial bid, a Letter of
Undertaking from the Treasury Centre, supported by a Resolution passed by the Board of
AP
UR
S
UP
E
R
THE
6
2X
(
RM
0
6
AL
W
M
P
)
O
W
E
R
P
ROJ
E
C
T
S
UP
P
L
Y
OF
RAW
W
ATE
R
P
I
P
E
P
AC
KAGE
P
AGE
DDING DOCUMENT NO.: CS-9571-132E(R)-2
SECTION - I (IFB))
3 OF 5